The UAE awarded 40 defence contracts worth Dh23.72 billion ($6.45 billion) in the first four days of the International Defence Exhibition and Conference (Idex), the biggest defence and security expo in the Middle East.
Domestic and international companies clinched 12 deals worth Dh3.77 billion on Thursday, carrying forward the momentum built over the previous three days, said officials at Tawazun Council, the defence and security regulator, and acquisitions authority in the UAE.
UAE Armed Forces awarded contracts worth Dh3.97 billion on day one, while on the second and third day, the value of deals was Dh5.8 billion and Dh10.18 billion, respectively.
Domestic companies were awarded seven deals worth Dh1.25 billion, on day four, while international contractors clinched five deals, valued at Dh2.51 billion.
The US-based defence conglomerate Lockheed Martin won the biggest deal among international companies worth Dh764.6 million to provide technical support services and spare parts for Black Hawk helicopters. Nexter Munitions was awarded a deal valued at Dh766 million to provide spare parts, repair and technical support for Leclerc tanks.
Other major international deals were a Dh753 million contract with Swedish defence company Saab to provide maintenance services for G6000 SRSS early warning aircraft, as well as a Dh219.1 million contract with Leonardo to procure Augusta helicopters.
Rohde & Schwarz landed a deal valued at Dh10.8 million to procure wireless surveillance systems with accessories.
Among the domestic companies, International Golden Group was awarded a Dh488 million contract to procure ammunition, while Trust, an arm of Edge Group, won a Dh487.7 million deal to purchase fire support systems.
Other big deals among domestic companies were a Dh233 million contract with National Factory for Safety and Security to purchase military grade shoes and a Dh22.5 million deal with Itqan Al Khaleej Computers to provide technical support services.
Emirates Motor Company, Bayanat and AM Industries also won contracts valued at Dh10 million, Dh6 million and Dh4.54 million, respectively.
The Arab world's second-largest economy, is focusing on boosting its defence manufacturing capabilities as part of its overarching economic transformation agenda to cut its reliance on hydrocarbons sector. The UAE's Operation 300 Billion strategy seeks to increase the contribution of its industrial sector to the country's GDP from Dh133 billion in 2021 to Dh300 billion by 2031.
Separately, Trust, an Edge entity, which provides advanced equipment, technology and services for national security and defence forces, is teaming up with Leonardo DRS, a US-based defence contractor, it was announced on Thursday.
The two companies will collaborate in the procurement and systems integration of cutting-edge technology with a focus on “situational awareness systems for vehicle integration".
“This initiative aligns with the country’s vision of enhancing local defence capabilities and fostering partnerships that bring advanced technologies to the region,” Edge said.
Trust also signed a preliminary agreement with Australia’s Point Trading Group for the supply of night-vision goggles, as well as a deal with Germany's Diehl Defence to strengthen UAE's defence capabilities.
In another agreement, Edge unit Al Taif will be collaborating with FNSS to modernise UAE Armed Forces' infantry fighting vehicles to boost their performance.
FNSS is a global company that specialises in designing and producing wheeled and tracked armoured combat vehicles, among other products.
“We are looking to integrate advanced technologies to extend the lifespan and effectiveness of the UAE Armed Forces' armoured fleet, ultimately enhancing their mission readiness and performance," said Rashed Al Kaabi, chief executive of Al Taif.
Meanwhile, the UAE General Civil Aviation Authority and Ammroc, a military aviation maintenance, repair and overhaul services provider, announced a partnership to boost collaboration in aviation training and skills development.
Edge Group is also teaming up with Australia's Codan Communications to strengthen military radio communication capabilities in the UAE as part of a separate agreement signed by the company on Thursday.
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
BlacKkKlansman
Director: Spike Lee
Starring: John David Washington; Adam Driver
Five stars
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
The specs: 2018 Mercedes-Benz E 300 Cabriolet
Price, base / as tested: Dh275,250 / Dh328,465
Engine: 2.0-litre four-cylinder
Power: 245hp @ 5,500rpm
Torque: 370Nm @ 1,300rpm
Transmission: Nine-speed automatic
Fuel consumption, combined: 7.0L / 100km
%3Cp%3E%3Cstrong%3EFixtures%3C%2Fstrong%3E%3Cbr%3E%3Cbr%3ESaturday%2C%20May%2028%2C%20United%20States%20v%20Scotland%3Cbr%3ESunday%2C%20May%2029%2C%20United%20States%20v%20Scotland%3Cbr%3ETuesday%2C%20May%2031%2C%20UAE%20v%20Scotland%3Cbr%3EWednesday%2C%20June%201%2C%20UAE%20v%20United%20States%3Cbr%3EFriday%2C%20June%203%2C%20UAE%20v%20Scotland%3Cbr%3ESaturday%2C%20June%204%2C%20UAE%20v%20United%20States%3Cbr%3E%3Cbr%3E%3Cstrong%3EUAE%20squad%3A%20%3C%2Fstrong%3EAhmed%20Raza%20(captain)%2C%20Chirag%20Suri%2C%20Muhammad%20Waseem%2C%20Vriitya%20Aravind%2C%20CP%20Rizwan%2C%20Basil%20Hameed%2C%20Rohan%20Mustafa%2C%20Kashif%20Daud%2C%20Karthik%20Meiyappan%2C%20Zahoor%20Khan%2C%20Junaid%20Siddique%2C%20Alishan%20Sharafu%2C%20Akif%20Raja%2C%20Rahul%20Bhatia%3Cbr%3E%3Cbr%3E%3Cstrong%3ETable%3C%2Fstrong%3E%3Cbr%3E1.%20Oman%2032%2019%2011%2040%20%2B0.156%3Cbr%3E2.%20Scotland%2016%2011%203%2024%20%2B0.574%3Cbr%3E3.%20UAE%2018%2010%206%2022%20%2B0.22%3Cbr%3E4.%20Namibia%2014%207%207%2014%20%2B0.096%3Cbr%3E5.%20United%20States%2016%207%209%2014%20-0.229%3Cbr%3E6.%20Nepal%2012%206%206%2012%20%2B0.113%3Cbr%3E7.%20Papua%20New%20Guinea%2020%201%2019%202%20-0.856%3C%2Fp%3E%0A
SHADOWS%20AND%20LIGHT%3A%20THE%20EXTRAORDINARY%20LIFE%20OF%20JAMES%20MCBEY
%3Cp%3EAuthor%3A%20Alasdair%20Soussi%3C%2Fp%3E%0A%3Cp%3EPages%3A%20300%3C%2Fp%3E%0A%3Cp%3EPublisher%3A%20Scotland%20Street%20Press%3C%2Fp%3E%0A%3Cp%3EAvailable%3A%20December%201%3C%2Fp%3E%0A
RESULTS
1.45pm: Maiden Dh75,000 1,400m
Winner: Dirilis Ertugrul, Fabrice Veron (jockey), Ismail Mohammed (trainer)
2.15pm: Handicap Dh90,000 1,400m
Winner: Kidd Malibu, Sandro Paiva, Musabah Al Muhairi
2.45pm: Maiden Dh75,000 1,000m
Winner: Raakezz, Tadhg O’Shea, Nicholas Bachalard
3.15pm: Handicap Dh105,000 1,200m
Winner: Au Couer, Sean Kirrane, Satish Seemar
3.45pm: Maiden Dh75,000 1,600m
Winner: Rayig, Pat Dobbs, Doug Watson
4.15pm: Handicap Dh105,000 1,600m
Winner: Chiefdom, Royston Ffrench, Salem bin Ghadayer
4.45pm: Handicap Dh80,000 1,800m
Winner: King’s Shadow, Richard Mullen, Satish Seemar
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
Key features of new policy
Pupils to learn coding and other vocational skills from Grade 6
Exams to test critical thinking and application of knowledge
A new National Assessment Centre, PARAKH (Performance, Assessment, Review and Analysis for Holistic Development) will form the standard for schools
Schools to implement online system to encouraging transparency and accountability
Quick pearls of wisdom
Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”
Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.”
What are the GCSE grade equivalents?
- Grade 9 = above an A*
- Grade 8 = between grades A* and A
- Grade 7 = grade A
- Grade 6 = just above a grade B
- Grade 5 = between grades B and C
- Grade 4 = grade C
- Grade 3 = between grades D and E
- Grade 2 = between grades E and F
- Grade 1 = between grades F and G